What are the fees associated with IG trading for cryptocurrency trading?

3 answers

• Saed NajafiJan 06, 2022 · 3 years ago
  When it comes to trading cryptocurrencies on IG, there are several fees to consider. First, there is a spread fee, which is the difference between the buy and sell prices of a cryptocurrency. This fee is how IG makes money from each trade. Additionally, there may be overnight funding charges if you hold a position overnight. These charges are based on the size of your position and the interest rate associated with the cryptocurrency. Lastly, there may be fees for depositing or withdrawing funds from your IG account. It's important to review the fee schedule on IG's website for the most up-to-date information.
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• Eggzagger8Feb 14, 2021 · 4 years ago
  IG trading for cryptocurrencies involves various fees. The spread fee is the primary fee, which is the difference between the bid and ask prices. This fee is how IG generates revenue. There may also be overnight funding charges if you keep a position open overnight. These charges are calculated based on the size of your position and the interest rate associated with the cryptocurrency. Additionally, there may be fees for depositing or withdrawing funds from your IG account. Make sure to check IG's fee schedule for the latest details.
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• KalpitMay 17, 2024 · a year ago
  When it comes to cryptocurrency trading on IG, there are a few fees to be aware of. The main fee is the spread, which is the difference between the buying and selling prices of a cryptocurrency. This fee is how IG makes money from each trade. There may also be overnight funding charges if you hold a position overnight. These charges are based on the size of your position and the interest rate associated with the cryptocurrency. Lastly, there may be fees for depositing or withdrawing funds from your IG account. It's important to review IG's fee schedule for the most accurate and up-to-date information.
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